London Brent crude was down 24 cents, or 0.3%, at $71.78, and is up about 7% for the week.

Meanwhile China's March crude oil imports climbed month on month to the second-highest level on record, calculated on a daily basis.

The price of oil was also supported by a drop in production by the Organisation of the Petroleum Exporting Countries (Opec) and Russian Federation, as they continued to comply with a 2016 deal that was reached in Vienna after prices crashed amid a global glut, the IEA said in the report.

The IEA said that scheduled maintenance, unplanned declines and tighter supply discipline cut OPEC crude oil production by 200,000 b/d in March to 31.83 million b/d. It is not for us to declare on behalf of the Vienna agreement countries that it is "mission accomplished", but if our outlook is accurate, it certainly looks very much like it.

OPEC's monthly report said global crude supply in March was up 180,000 BPD, to average 98.15 MMBPD, with non-OPEC production increasing by 380,000 BPD. As a result, data released in the "next month or two" could show stockpiles have dropped below the five-year average, said the report.

Confirming estimates by S&P Global Platts, the IEA said a third of the March cuts came as a result of intentional reductions from Venezuela and Mexico, which have lost a combined 890,000 b/d versus the October 2016 baseline.

"Losses from Venezuela helped push OPEC crude output to the lowest level in almost three years and raised (the OPEC cut) compliance to an eye-popping 163%", the IEA said.

The U.S. overtook Saudi Arabia as the biggest oil producer in January.

" As we start the last day of the week, we feel that the geopolitical risks are not as high as feared three days ago", Petromatrix said in a note.

Despite this, supplies remain ample and analysts said this would weigh on prices eventually.

Crude oil demand will increase globally this year while non-OPEC supply is expected to rise more than expected over the next year, the Organization of the Petroleum Exporting Countries and Russian Federation stated in its monthly report released Thursday.

Thomas Pugh, a commodities economist at consultancy Capital Economics, said a global trade war ignited by USA and Chinese tariffs would hit global economic growth and be negative for oil demand.

First-quarter demand from non-OECD countries was revised downward by 260,000 barrels a day "due to weak Chinese data".

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McKay said rsquo & Trump;s capacity to emphasise that the privilege is " rdquo & no more different; from anyone else & rsquo; s. When he introduced himself to the judge to ask to be heard, Wood seemed to indicate that she was already aware of his identity.

The stocky Khan wore a black shirt and sunglasses as he entered the court followed by an entourage of aides. Khan's lawyers said he was carrying an air gun, which can not be used for hunting an antelope.

Amnesty believes thousands of executions and death sentences occurred in 2017 in China , where they are considered a state secret. Shetty said with the progress in Africa, "the isolation of the world's remaining executing countries could not be starker".

The province of Ghazni is located south of Kabul province, the seat of the country's capital, Kabul , and lies along a key route. Taliban said they have captured the district, a claim that was rejected by the local police officials, the TOLO News said.

For more information, images, or to contact the press team, please head over to our press page at http://press.spotify.com/ . Last year, they introduced the same deal geared towards students, who were offered both services for just $4.99 per month.

The Rockets went just 3-3 in April, but considering they were 28-1 from Jan 29-March 30, there is no doubting their abilities. Apple released its original iPad in the previous year that LeBron James failed to lead an NBA team to the NBA Finals .

Entertainers dominate the female top twenty, with 14 of the most admired women being actresses, singers or TV presenters. For instance, globally in 19 countries Obama was ranked 1, while Bill Gates only managed to take up the 6th spot.

Border Patrol officials confirmed the arrest Wednesday but would not confirm the agent's name or details about his employment. The horrific interaction, which occurred in Calexico, California , urged Mexican officials to report the incident to U.S.

In the last three season, Bryant hasn't justified his price tag, averaging 678 yards per season with just 17 touchdowns. He finished the 2017 with 69 catches, 838 yards and six touchdowns, but dropped the second-most passes (9) in the NFL.

He is still employed at Stoneman Douglas High and no disciplinary action against him is expected, according to Local 10 News. As for the MSD teacher, he was arrested and charged with failing to safely store a firearm, a second-degree misdemeanor.

Both Srikanth and Prannoy have reached the quarterfinals of the ongoing Commonwealth Games 2018 taking place in Gold Coast . Badminton legend Prakash Padukone was the world No 1 in 1980, but the rankings were not official back then.

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